QS VIRTUAL CONCEPT FEASIBILITY STUDY

The propose business shall be called as QS VIRTUAL CONCEPT. “QS” stands for Quantity Surveyor, a group of people concerned with construction costs and contracts. “VIRTUAL” is a modern business brought about by the rise of the internet marketing, globalization, outsourcing, telecommunication and virtualization - a computing technique to create representations of computer resources involving research, design, development and volunteering that is carefully planned to achieve a particular aim on a specific time. “CONCEPT” refers to as an abstract object, where object is the constituent of proposition that mediates between thought, language and preference. It can also be a mental representation, which the brain uses to denote a class of things in the world. This is to say that concept is literally, a symbol or group of symbols together made from the physical material of the brain. Concept is a mental representation that allows us to draw appropriate inference about the type of entity we encounter in our everyday lives. Concept does not encompass all mental representations, but is merely a subset of it. The use of concept is necessary to cognitive process such as categorization, memory, decision making, learning and logical conclusion. QS VIRTUAL CONCEPT is a virtual business structure composed of virtual team members who are not located face to face. Their means of communication is mediated through information and communication technologies, video conferences, e-mails and intranets. The implementation of QS VIRTUAL CONCEPT as a virtual business has been shown to produce many benefits on the part of its clients including reduction of real estate expenses, increased productivity, easy access to global markets and environmental benefits due to a reduction in airline flights. The virtual business is increasingly becoming popular in the Philippines with workers who want to work at home, which can increase employee engagement. As a result of using appropriate communication media, QS VIRTUAL CONCEPT is not limited from the same physical location or organization but can be assembled according to the skills and backgrounds required from anywhere in the world, enabling the business to become more flexible and globally competitive. QS VIRTUAL CONCEPT engage in virtual business undertakes a variety of activities from locations remote to the organization or individuals they are assisting via a computer or other internet-connected device. QS VIRTUAL CONCEPT represents an important emerging organization structure which facilitates collaborative between experienced and educated freelancers on the field of entity located almost anywhere in the world.